401k Plan data: CHARTER OAK BANK ESOP plan

CHARTER OAK BANK ESOP 401k Plan overview

Plan Name	CHARTER OAK BANK ESOP
Plan identification number	001

CHARTER OAK BANK ESOP Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

FDIC AS RECEIVER OF CHARTER OAK BANK has sponsored the creation of one or more 401k plans.

Company Name: FDIC AS RECEIVER OF CHARTER OAK BANK

Employer identification number (EIN): 830403852

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARTER OAK BANK ESOP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2010-01-01 JEFFREY MALLOCH JEFFREY MALLOCH 2011-07-21
001 2009-01-01 BRIAN KELLY BRIAN KELLY 2010-07-08

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2010-01-01	JEFFREY MALLOCH		JEFFREY MALLOCH	2011-07-21
001	2009-01-01	BRIAN KELLY		BRIAN KELLY	2010-07-08

Plan Statistics for CHARTER OAK BANK ESOP

401k plan membership statisitcs for CHARTER OAK BANK ESOP

Measure Date Value
2010: CHARTER OAK BANK ESOP 2010 401k membership
Total participants, beginning-of-year 2010-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 27
Number of other retired or separated participants entitled to future benefits 2010-01-01 11
Total of all active and inactive participants 2010-01-01 38
Total participants 2010-01-01 38
Number of participants with account balances 2010-01-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: CHARTER OAK BANK ESOP 2009 401k membership
Total participants, beginning-of-year 2009-01-01 38
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 29
Number of other retired or separated participants entitled to future benefits 2009-01-01 16
Total of all active and inactive participants 2009-01-01 45
Total participants 2009-01-01 45
Number of participants with account balances 2009-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2010: CHARTER OAK BANK ESOP 2010 401k membership
Total participants, beginning-of-year	2010-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	27
Number of other retired or separated participants entitled to future benefits	2010-01-01	11
Total of all active and inactive participants	2010-01-01	38
Total participants	2010-01-01	38
Number of participants with account balances	2010-01-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: CHARTER OAK BANK ESOP 2009 401k membership
Total participants, beginning-of-year	2009-01-01	38
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	29
Number of other retired or separated participants entitled to future benefits	2009-01-01	16
Total of all active and inactive participants	2009-01-01	45
Total participants	2009-01-01	45
Number of participants with account balances	2009-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on CHARTER OAK BANK ESOP

Measure	Date	Value
2011 : CHARTER OAK BANK ESOP 2011 401k financial data
Expenses. Total of all expenses incurred	2011-11-23	$52,235
Benefits paid (including direct rollovers)	2011-11-23	$52,235
Total plan assets at end of year	2011-11-23	$0
Total plan assets at beginning of year	2011-11-23	$52,235
Value of fidelity bond covering the plan	2011-11-23	$2,000,000
Net income (gross income less expenses)	2011-11-23	$-52,235
Net plan assets at end of year (total assets less liabilities)	2011-11-23	$0
Net plan assets at beginning of year (total assets less liabilities)	2011-11-23	$52,235
2010 : CHARTER OAK BANK ESOP 2010 401k financial data
Total plan liabilities at beginning of year	2010-12-31	$22,800
Total income from all sources	2010-12-31	$-106,313
Expenses. Total of all expenses incurred	2010-12-31	$4,972
Benefits paid (including direct rollovers)	2010-12-31	$4,972
Total plan assets at end of year	2010-12-31	$52,235
Total plan assets at beginning of year	2010-12-31	$186,320
Value of fidelity bond covering the plan	2010-12-31	$2,000,000
Other income received	2010-12-31	$-183,331
Net income (gross income less expenses)	2010-12-31	$-111,285
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$52,235
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$163,520
Assets. Value of employer securities	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$77,018

Form 5500 Responses for CHARTER OAK BANK ESOP

2010: CHARTER OAK BANK ESOP 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: CHARTER OAK BANK ESOP 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FDIC AS RECEIVER OF CHARTER OAK BANK
Employer identification number (EIN):	830403852
NAIC Classification:	522110
NAIC Description:	Commercial Banking